1 week Ago By Defense World Staff
The RealReal, Inc. ( NASDAQ:REAL – Get Free Report )’s stock price dropped 6.1% on Friday .
The stock traded as low as $4.79 and last traded at $4.83.
Approximately 418,408 shares changed hands during trading, a decline of 84% from the average daily volume of 2,663,510 shares. The stock had previously closed at $5.14.
Wall Street Analyst Weigh In REAL has been the subject of several recent analyst reports. UBS Group decreased their target price on shares of RealReal from $10.00 to $9.
00 and set a “neutral” rating for the company in a report on Wednesday, February 26th. Northland Securities boosted their price objective on shares of RealReal from $6.50 to $12.
50 and gave the stock an “outperform” rating in a report on Tuesday, December 17th. Two analysts have rated the stock with a hold rating, four have assigned a buy rating and one has issued a strong buy rating to the company. According to data from MarketBeat.
com, the stock presently has a consensus rating of “Moderate Buy” and a consensus target price of $8.33. Check Out Our Latest Report on REAL RealReal Trading Down 2.
9 % RealReal ( NASDAQ:REAL – Get Free Report ) last issued its quarterly earnings results on Thursday, February 20th. The company reported ($0.62) earnings per share (EPS) for the quarter, missing analysts’ consensus estimates of ($0.
10) by ($0.52). The company had revenue of $164.
00 million during the quarter, compared to the consensus estimate of $162.69 million. Analysts forecast that The RealReal, Inc.
will post -0.4 earnings per share for the current year. Insiders Place Their Bets In other news, CFO Gopal Ajay Madan sold 102,386 shares of the business’s stock in a transaction dated Thursday, February 20th.
The shares were sold at an average price of $6.90, for a total value of $706,463.40.
Following the completion of the sale, the chief financial officer now owns 1,327,198 shares in the company, valued at approximately $9,157,666.20. The trade was a 7.
16 % decrease in their position. The transaction was disclosed in a document filed with the SEC, which can be accessed through this hyperlink . Also, insider Luke Thomas Friang sold 18,503 shares of the company’s stock in a transaction that occurred on Thursday, February 20th.
The stock was sold at an average price of $6.90, for a total transaction of $127,670.70.
Following the completion of the sale, the insider now directly owns 556,557 shares of the company’s stock, valued at $3,840,243.30. The trade was a 3.
22 % decrease in their position. The disclosure for this sale can be found here . In the last ninety days, insiders sold 258,283 shares of company stock worth $1,782,153.
9.78% of the stock is currently owned by company insiders. Institutional Inflows and Outflows Several large investors have recently modified their holdings of the company.
GAMMA Investing LLC increased its holdings in shares of RealReal by 6,203.2% during the first quarter. GAMMA Investing LLC now owns 13,804 shares of the company’s stock valued at $74,000 after acquiring an additional 13,585 shares in the last quarter.
AWM Investment Company Inc. lifted its holdings in RealReal by 40.3% in the fourth quarter.
AWM Investment Company Inc. now owns 1,373,847 shares of the company’s stock valued at $15,016,000 after acquiring an additional 394,748 shares during the period. PharVision Advisers LLC acquired a new position in shares of RealReal in the 4th quarter valued at $133,000.
Voloridge Investment Management LLC purchased a new stake in shares of RealReal during the 4th quarter worth about $17,138,000. Finally, Two Sigma Advisers LP boosted its position in RealReal by 8.7% during the fourth quarter.
Two Sigma Advisers LP now owns 2,275,100 shares of the company’s stock worth $24,867,000 after purchasing an additional 181,300 shares in the last quarter. Institutional investors own 64.73% of the company’s stock.
About RealReal ( Get Free Report ) The RealReal, Inc operates an online marketplace for resale luxury goods in the United State. The company offers various product categories, including women's fashion, men's fashion, jewelry, and watches. It primarily sells products through online marketplace and retail stores.
The company was incorporated in 2011 and is headquartered in San Francisco, California. See Also Five stocks we like better than RealReal Industrial Products Stocks Investing Robinhood Strategies Could Be a Game-Changer for Young Investors What is a buyback in stocks? A comprehensive guide for investors Are These 3 Retail Stocks Oversold or Really in Trouble? Stock Splits, Do They Really Impact Investors? IONQ & RGTI Join DARPA Quantum Initiative: High Stakes Are Ahead Receive News & Ratings for RealReal Daily - Enter your email address below to receive a concise daily summary of the latest news and analysts' ratings for RealReal and related companies with MarketBeat.com's FREE daily email newsletter .
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